Both stocks and bonds looked expensive after rallying together and were now vulnerable to a quick sell-off, Goldman Sachs said.
Larry Hatheway, group chief economist at GAM, explains why easing is the way forward for the Bank of England, following the country’s decision to leave the EU.
The dollar traded in a back-and-forth range after the U.S. June jobs report easily beat expectations.
Sterling rebounded on Thursday after falling two straight days.
Keep an eye on central bank moves for the market’s next post-Brexit response, says Oppenheimer Funds Chief Investment Officer Krishna Memani.
The U.K. should link job creation to a pro-growth policy with lower corporate tax rates to gain more support, says Former Fed Governor Randy Kroszner.
Oil rose after a two-day decline lured buyers back, but analysts cautioned the market will remain pressured from a U.S. gas glut.
Gold hit more than two-year highs on Wednesday as equities fell and some bond yields slid.
The safe-haven yen hit a 3-1/2 year high against sterling on fears about the impact of Brexit.
Rebecca Patterson, Bessemer Trust CIO, has her eye on European banks and U.S. yields; Joshua Feinman, Deutsche Asset & Wealth Management chief global economist, shares his take on low bond yields.
Markets in Asia were sharply lower, as investors scurried into safe-haven plays on global growth concerns, sending bond yields to record lows.
UBS's Paul Donovan explains that U.K. citizens will have the security of household income, which will help avert a recession.
A flexible currency allows the U.K. to adjust to the downturn in sentiment via its currency, says UBP's Mark McFarland.
Unless there are signs of U.K.-EU talks souring, sterling will likely remain at current levels, says BNP Paribas Investment Partners' Daniel Morris.
The U.K. has problems that need fixing but that go beyond the purview of the Bank of England, says Merk Investments' Axel Merk.
The Japanese yen rose almost 1 percent against the euro and dollar while sterling fell to new long-term lows.
The Bank of England announced a new measure on Tuesday to soften the financial fallout from the U.K.'s vote to leave the European Union last month.
Britain's central bank Tuesday sent a clear message to the nation's cautious bankers. You need to start lending more money.
Europe slipped sharply lower on Tuesday, as a fall in oil prices and concerns over global growth weighed on sentiment.
The Bank of England is lowering capital requirements for British banks; and Bank of England Gov. Mark Carney speaks.